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GSK shareholders to vote on Novartis deal on December 18

2014-11-24 18:10:53| Biotech - Topix.net

Britain's GlaxoSmithKline has asked its shareholders to vote at a meeting on Dec. 18 on its proposed major deal with Switzerland's Novartis, which will see the two pharmaceutical group trade more than $20 billion of assets. The transaction, which includes GSK buying Novartis' vaccines business, Novartis purchasing GSK's cancer drugs, and the two groups tying up in consumer healthcare, was unveiled in April.

Tags: december deal vote shareholders

 

Swiss test GSK Ebola vaccine in some volunteers going to Africa

2014-10-29 06:02:24| Biotech - Topix.net

Switzerland's drug regulator said on Tuesday it had approved the testing of an experimental Ebola vaccine from GlaxoSmithKline on healthy volunteers, some of whom will be traveling to West Africa as medical staff. The trial will be conducted among 120 volunteer participants at the Lausanne University Hospital, with support from the World Health Organization.

Tags: to test africa swiss

 
 

GSK as a Watershed in the International Fight Against Bribery and Corruption

2014-10-10 08:40:54| Biotech - Topix.net

GlaxoSmithKline PLC may well be a watershed in the global fight against bribery and corruption. Behavior and conduct, which was illegal under Chinese law but previously tolerated and even accepted by Chinese government officials, quickly became a quagmire that the company was caught in when charges of corruption were leveled against them last year.

Tags: and international fight corruption

 

Isis Pharmaceuticals secures $18 million from GSK to advance ISIS-TTR Rx Phase 2/3 study

2014-10-10 04:59:10| Biotech - Topix.net

Isis Pharmaceuticals, Inc. announced today that it has earned an $18 million milestone payment from GlaxoSmithKline related to the advancement of the Phase 2/3 study of ISIS-TTRRx in patients with familial amyloid polyneuropathy . "ISIS-TTRRx is the most advanced drug in our collaboration with GSK, and aside from KYNAMRO, it is also the furthest advanced in our late-stage clinical pipeline.

Tags: study million advance phase

 

Exclusive: Drugmaker GSK Investigating Corruption Allegations In UAE

2014-10-07 19:54:35| Biotech - Topix.net

Drugmaker GlaxoSmithKline, which was slapped with a record $489 million fine for corruption in China last month, said on Tuesday it was looking into allegations of corruption in the United Arab Emirates. Britain's biggest pharmaceuticals group confirmed the investigation following allegations of improper payments set out in a whistleblower's email sent to its top management on Monday.

Tags: exclusive corruption investigating allegations

 

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